Smart Powerr Corp. (NASDAQ:CREG) Short Interest Down 98.2% in June

Smart Powerr Corp. (NASDAQ:CREG) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a drop of 98.2% from the May 31st total of 5,700 shares. Based on an average daily trading volume, of 38,300 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Smart Powerr in a research note on Thursday. They issued a “sell” rating for the company.

Smart Powerr Stock Down 2.0 %

Shares of NASDAQ:CREG opened at $1.03 on Friday. Smart Powerr has a twelve month low of $0.80 and a twelve month high of $2.00. The stock’s 50 day moving average is $1.01 and its 200-day moving average is $1.28. The firm has a market capitalization of $8.64 million, a price-to-earnings ratio of -9.36 and a beta of 0.63.

Smart Powerr (NASDAQ:CREG) last released its quarterly earnings data on Tuesday, May 14th. The business services provider reported ($0.03) earnings per share for the quarter.

About Smart Powerr

Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.